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$JPG (5323.MY)$ As I commented yesterday, JPG have good pote...

$JPG (5323.MY)$ As I commented yesterday, JPG have good potential. Some downturn because of KWSP trying to push it down but meet with strong buy resistance.

All positive for plantation next year with good future CPO price, also limit for windfall level tax raised so less tax for CPO seller
Main shareholders of JPG
-Johor Corp (KPJ, JLand, QSR)
-KWSP
-KWAP
JPG is under Johor Corp. KPJ also same. See how much KPJ share had gained for past 18 years - 25x raised in price, or more than 100% gain per year average
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  • jobless jack : just to add: Windfall tax (WFT) price increased but at the same time the WFT max tax percentage is also increased. at the same time company has pressure from increasing labor cost by implementing min wage and PF contribution for foreigners.

    yet this company has good management, and its plan of integration services. Company offering good dividend payout and i am sure this company longterm prospects are intact but may be some minor corrections are expected in Mid range.

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